[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.04.07 17:28
• [The first amino acid base in Central Asia has been built in Kazakhstan]
• China Fufeng Group Shengtai Biotechnology is constructing the largest amino acid production project in Central Asia in the Jiangbu'er Oblast of Kazakhstan, with a total investment of 1.5 billion US dollars, and settling in the Silk Road Economic Zone. The first phase of the project has been completed, achieving a breakthrough in the production technology of essential amino acids in Central Asia. After reaching production capacity, the annual processing of corn is 3 million tons, providing more than a thousand job opportunities, and the products are exported to many countries. This project relies on local corn resources to fill the technological gap of high value-added products, help upgrade the manufacturing industry in Kazakhstan, create a cross-border industrial chain, and become a landmark project for China Kazakhstan capacity cooperation.Editor/Gong Ziwei

• 2026.04.07 17:20
• [POWERCHINA INTL holds cooperation talks with Shengyu Group]
• Recently, Tang Yuhua, Chairman of POWERCHINA INTL, met with Singapore's Shengyu Group CEO Qiao Quansheng and his delegation to exchange ideas on global cooperation in the fields of energy, electricity, and infrastructure. Tang Yuhua introduced the company's international business and the "15th Five Year Plan", affirmed the other party's advantages, and hoped to deepen cooperation to achieve win-win results. Qiao Quansheng expressed the importance of strategic cooperation between the two sides, and is willing to leverage the advantages of planning, design, and project management to expand cooperation in energy, water, transportation, and other fields, and jointly promote global infrastructure construction.Editor/Gong Ziwei